SEC Opens Comment Period for Canary’s Staked Injective ETF - Major Step Toward Crypto Mainstream Adoption

Wall Street's gatekeepers just opened the door wider for crypto—whether they like it or not.

The Securities and Exchange Commission kicked off the comment period for Canary's groundbreaking staked Injective ETF, marking one of the most significant regulatory developments since spot Bitcoin ETFs shattered records earlier this year.

Why This Matters More Than You Think

This isn't just another filing—it's the first staked Ethereum-alternative ETF to reach this stage, putting DeFi yields directly in reach of traditional finance portfolios. Institutional investors who've been sidelined can finally access proof-of-stake rewards without the technical headaches.

The Regulatory Dance Continues

The SEC's move signals cautious acceptance rather than enthusiastic endorsement—typical bureaucracy finally catching up to innovation. TradFi firms will now spend millions on compliance paperwork just to participate in the very ecosystem that was built to bypass them.

One thing's certain: when the suits start arguing about staking yields in comment letters, crypto's already won.